If an officer produces a rent receipt, the House Rent Allowance payable to him/her shall be the actual rent paid by him/her for the residential accommodation in excess over 0.75% (as per joint noted dated 25.05.15) of Pay in the first stage of the Scale of Pay in which he/she is placed
with a maximum of 150% of the House Rent Allowance payable to his/her area of posting.

For caliming HRA @150% on Capital cost basis of self owned House/Flat the officer should stay in the House/Flat for which he/she claim. HRA claimed on Capital Cost is fully taxable.

The employees / officers who were in the Bank's service as on 01.11.1993 were granted one advance increment on account of computerization in year 1993 and employees on reaching the maximum of respective scales of pay are eligible to be granted Fixed Personal Pay (FPP) equal to the last increment drawn by them in the caddre / scale, on completion of one year in the maximum of the respective scales of pay.

So far the FPP as stated in the joint note that it shall remain frozen for the entire service irrespective of whether the officer concerned is promoted to the next higher scale or workmen promoted to officer cadre. However after the 8th bipartite settlement a clarification was issued by IBA to the effect that if an officer is promoted from one scale to another after reaching the maximum in the previous scale and receiving FPP; the frozen FPP shall continue to be paid till the officer reaches the maximum in the revised scale and after completing one year of maximum in the revised scale the FPP would be revised as applicable to the scale of promotion.

The FPP payable as per from 6th to 10th Bipartitie Settlement / Joint note of salary revision payable to Officers / Workmenn employees settlement wise / scale wsie is provided hereunder alongwith a calculator for calculation of FPP difference payable in case the FPP was drawn before promotion from one scale to higher scale / celrical to officer / subordinate to clerical cadre and it was not revised after one year of reaching of the maximum of pay scales of the scale promoted.

Fixed Personal Pay - Rates

Select Cadre and Salary Revision Period

Scale

Increment Component (A)

F.P.P. payable where Bank's accommodation is provided (B)

F.P.P. as indicated in "B" above shall be payable to those officer employees who are provided with Bank's accommodation.

For officers eligible for House Rent Allowance as per below rates F.P.P. shall be "B" plus House Rent Allowance payable on the last increment of the relevant scale of pay.

Major "A" Class Cities HRA

Other places in Area I

Places in Area II

Other places

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 45 lakhs

1310

1585

(ii)Places with population of 12 lakhs and above including State of Goa

1310

1570

(iii) Other places not covered in (i)and (ii) above

1310

1550

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 45 lakhs

655

790

(ii)Places with population of 12 lakhs and above including State of Goa

655

790

(iii) Other places not covered in (i) and (ii) above

655

780

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 45 lakhs

800

940

(ii) Places with population of 12 lakhs and above including State of Goa

800

930

(iii) Places with population of 5 lakhs and above, State Capitals and Capitals of Union Territories and
other than places mentioned in (i)and (ii) above

800

920

(iv) Places with population below 5 lakhs not covered in (i), (ii) and (iii)above.

800

915

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 45 lakhs

400

470

(ii) Places with population of 12 lakhs and above including State of Goa

400

465

(iii) Places with population of 5 lakhs and above, State Capitals and Capitals of Union Territories and
other than places mentioned in (i)and (ii) above

400

460

(iv) Places with population below 5 lakhs not covered in (i), (ii) and (iii)above.

400

460

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 45 lakhs.

560

635

(ii) Places with population of more than 12 lakhs upto 45 lakhs

560

630

(iii)Places with population of 2 lakhs and over [other than places in (i) above] and State Capitals and Capitals of Union Territories

560

625

(iv) Places with population below 2 lakhs

560

620

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 45 lakhs.

270

310

(ii) Places with population of more than 12 lakhs

270

305

(iii) places with population of 2 lakhs and over [other than (i) above] and State Capitals and Capitals of Union Territories

270

300

(iv) Places with population below 2 lakhs

270

295

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 12 lakhs.

380

429

(ii) Places with population of 2 lakhs over [other than places in (i) above] and State Capitals and Capitals of Union Territories

380

425

(iii)Places with population below 2 lakhs

380

421

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 12 lakhs.

170

194

(ii) Places with population of 2 lakhs over [other than places in (i) above] and State Capitals and Capitals of Union Territories

170

192

(iii) Places with population below 2 lakhs

170

190

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 12 lakhs.

230

277

(ii) Places with population of 2 lakhs over [other than places in (i) above] and State Capitals and Capitals of Union Territories

230

273

(iii)Places with population of 10,000 and over but below 2 lakhs

230

271

(iv)Places with population less than 10,000

230

269

Area of Posting

Increment Component

F.P.P. payable where Bank's accommodation not provided

(i) Places with population of more than 12 lakhs.

100

122

(ii) Places with population of 2 lakhs over [other than places in (i) above] and State Capitals and Capitals of Union Territories

100

121

(iii)Places with population of 10,000 and over but below 2 lakhs

100

120

(iv)Places with population less than 10,000

100

119

Fixed Personal Pay - Arrear Calculator

Click Here To calculate FPP difference of clerical on promotion from subordinate cadre

Officer : An Officer employee acquiring JAIIB/CAIIB (either or both parts) qualifications after reaching the maximum of the scale of pay, shall be granted from the date of acquiring such qualification the first installment of PQP and the release of subsequent installments of PQP shall be with reference to the date of release of first installment of PQP as under:

Clerical : Workmen who hereafter reach or have already reached 20th stage of the scale and have got increments in consideration of educational qualification(s), Graduation Pay / Professional Qualification Pay shall be payable as under: